The South Texas sun blazed on August 2, 2006, as Leo Cartwright reflected on the moment that changed his life forever. A fourth-generation farmer and cattleman, Leo had been tending his 1,500-acre property in Karnes County, Texas, struggling to keep his great-grandfather’s agricultural legacy alive. Farming had never been easy, but in recent years, financial pressures had made it nearly impossible.

Becoming a Royalty Interest Owner

By 2005, the farming and cattle industry had hit a rough patch, and Leo was feeling the strain. Each passing month edged him closer to financial ruin. Just as he was losing hope, fate intervened.

That fateful morning, as he sipped his coffee on the porch, Leo noticed a white pickup truck kicking up dust as it approached. The truck bore the recognizable Big C logo, and out stepped a man in jeans, boots, and a white polo.

“I am looking for Leo Cartwright?” the man called.

“How can I help you?” Leo responded.

“My name is Jack Barnes, and I am a landman for Cabot Oil and Gas.”

Leo invited Jack inside, where his wife, Martha, was preparing lunch. Jack wasted no time explaining why he had come.

Royalty Interest Owner: The Offer of a Lifetime

Jack pulled a manila folder from his briefcase. “Leo, have you heard of the Eagle Ford Shale?” he asked.

“I’ve heard folks talking about it,” Leo admitted.

“Your property sits in the heart of the shale play, and Cabot Oil and Gas is interested in drilling here.”

Leo and Martha listened intently as Jack outlined the deal: a lease bonus of $1,000 per acre, totaling $1.5 million, plus a 4% royalty interest in all future production from the property’s minerals. The numbers were staggering—more money than Leo had ever seen in his life.

A tear rolled down Martha’s cheek as she grasped the magnitude of the opportunity. Leo could hardly believe it. This was the miracle they had prayed for.

Life as a Royalty Interest Owner

With a steady royalty income, Leo’s financial struggles were over. No more sleepless nights worrying about droughts or failing crops. Instead, he had the security of oil and gas royalties providing a lasting income stream for his family.

As he signed the lease agreement, Leo chuckled, “Jack, I guess this means I can finally retire from farming.”

Maximize Your Mineral Rights

If you own land rich in mineral resources, you could be sitting on untapped wealth. Don’t leave money on the table—explore your options and become a royalty interest owner today. Contact Us to learn more about leasing opportunities and maximizing your mineral rights.